Financials
Financial year 2025
Autonoom Gemeentebedrijf Oostende from Oostende, company number BE0267389606, closed financial year 2025 with a result of € 960,654 after tax. For that financial year Autonoom Gemeentebedrijf Oostende recorded revenue of € 10 million and equity of € 12.7 million. Compared with financial year 2023, the result moved from € -953,967 to € 960,654. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 12.7 million
▲ 77% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 960,654
▲ still € 953,967 loss in 2023
Profit after tax over the fiscal year.
€ 5.3 million
▲ € 5.1 million vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -29.1 million.
People and assets in 2025
31.9
▲ 25 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2.7 million
▲ 293% vs 2023
€ 83,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 175,314
▲ 25% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9.4 million
▲ € 7.8 million vs 2023
€ 979,418 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 314,252
▲ € 270,142 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 230,821
▲ 94% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 9,983,024 | |
| Gross margin | € 1,401,246 | € 976,043 | € 338,394 | € 4,389,979 | ▲ € 4.1 million |
| Profit after taxes | € -6,437,088 | € 1,153,066 | € -953,967 | € 960,654 | ▲ € 1.9 million |
| Equity | € -14,795,693 | € -13,685,625 | € 7,133,070 | € 12,658,885 | ▲ 77% |
| Total debts | € 27,051,599 | € 23,271,317 | € 1,694,534 | € 9,922,871 | ▲ € 8.2 million |
| Cash | € 393,958 | € 14,314 | € 250,574 | € 5,323,400 | ▲ € 5.1 million |
| Land & buildings | € 201,783 | € 201,783 | € 201,783 | € 4,590,745 | ▲ € 4.4 million |
| Retained profit | € -34,155,529 | € -33,002,463 | € -33,956,431 | € -29,145,572 | ▲ € 4.8 million |
| Bank debt | € 23,624,014 | € 21,420,144 | € 1,531,659 | € 9,362,389 | ▲ € 7.8 million |
| Balance sheet total | € 12,402,466 | € 9,710,111 | € 8,929,884 | € 22,663,211 | ▲ 154% |
| Employees (FTE) | 8.6 | 6.2 | 6.9 | 31.9 | ▲ 25 |
Key figures of Autonoom Gemeentebedrijf Oostende, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Autonoom Gemeentebedrijf Oostende?
What happened at Autonoom Gemeentebedrijf Oostende in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 960,654. Source: NBB ↗
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 6.4 million loss in 2021 to € 960,654 profit in 2025.
Paid € 187 in corporate taxes since 2021.
Best year ever: 2022, with € 1.2 million profit.
On average € 137,600 of value added per employee in 2025.
Management
Behind Autonoom Gemeentebedrijf Oostende are Judith Ooms, Bjorn Tratsaert, Karel Labens, Stefanie Monsaert, Werner Verbiest and Maxim Donck. The shares are held by Stad Oostende (100%).
Directors
According to the 2025 annual accounts
Judith Ooms
Chairman of the board
Also active at: FLUVIUS IMEWO, VLAAMS INSTITUUT VOOR DE ZEE, BUITENGOED OOSTENDE, ECONOMISCH HUIS OOSTENDE
Bjorn Tratsaert
Director
Also active at: OPDRACHTHOUDENDE VERENIGING VOOR CREMATORIUMBEHEER IN HET ARRONDISSEMENT OOSTENDE
Karel Labens
Director
Also active at: LUCHTHAVENONTWIKKELINGSMAATSCHAPPIJ VLAANDEREN, Algemeen Ziekenhuis Oostende, OPDRACHTHOUDENDE VERENIGING VOOR CREMATORIUMBEHEER IN HET ARRONDISSEMENT OOSTENDE
Stefanie Monsaert
Director
Also active at: Haven Oostende, MultiTech, Ostend Stevedoring Services Company, RENEWABLE ENERGY BASE OSTEND
Werner Verbiest
Director
Maxim Donck
Director
Lode Lancksweerdt
Director
Alan Van Laer
Director
Also active at: Haven Oostende, RENEWABLE ENERGY BASE OSTEND, ECONOMISCH HUIS OOSTENDE
Dana Feyereisen
Director
Christian Verougstraete
Director
Ann Brusseel
Director
Also active at: Farys, Brussels Philharmonic, Cultuurcentrum De Grote Post, OPDRACHTHOUDENDE VERENIGING VOOR CREMATORIUMBEHEER IN HET ARRONDISSEMENT OOSTENDE
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gistelsesteenweg 1C
8400 Oostende
Gistelsesteenweg 1C box 3
8400 Oostende
Active since 1 July 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0267.389.606
- VAT number
- BE 0267.389.606
- Registered office
- Gistelsesteenweg 1C, 8400 Oostende
- Names & denominations
- Autonoom Gemeentebedrijf Oostende · AG-O
- Enterprise type
- Rechtspersoon
- Legal form
- Autonoom gemeentebedrijf
- Legal situation
- Normale toestand
- Start date
- 12 July 2001
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Gemeentelijke overheid, met uitzondering van het OCMW
Financiële lease
Financiële leasing
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